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THAILAND

Retirement scheme takes toll on THAI Q2 results

Boonsong Kositchotethana, Published on 13/08/2015

» Thai Airways International (THAI) reported a net loss of 12.75 billion baht, up 66.52% year-on-year, for the second quarter of this year due to foreign exchange losses and termination benefits under an early-retirement programme.

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THAILAND

THAI board approves early-retirement list, more jet sales

Published on 16/06/2015

» The Thai Airways International board on Tuesday endorsed the list of staff members joining an early-retirement scheme and a plan to sell more planes in a move to fly the airline out of the red.

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THAILAND

THAI axes 3 loss-making routes

Published on 29/01/2015

» Thai Airways International will chop three routes as it continues efforts to stem its financial bleeding.

ADVANCED NEWS

Stock market: Sudden fall & weak baht (update)

Jon Fernquest, Published on 12/06/2013

» Baht weakening (& improvement for exporters) after foreign investment money pulled out of Thailand & sent back to US with US credit rating improvement.

ADVANCED NEWS

Commerce Minister "personally" doesn't like it

Jon Fernquest, Published on 05/10/2011

» 70% complete with 4 years of planning, the privatisation of SET & integration into global markets faces a sudden end.